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In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Yet despite this momentum, oil and gas methane emissions remain unacceptably high. Yet despite this momentum, oil and gas methane emissions remain unacceptably high.
Earlier this month, the new Labour government pledged £21.7 The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea.
Researchers will develop new ways to monitor carbon emissions from vast swathes of peatland after winning almost half a million pounds to develop new sensors that can be used in remote areas. Dr Mann and his team will work across the UK to develop low-cost sensor systems that can monitor carbon dioxide and methane emissions from peatlands.
In what seems to be a first, a UK methane leak has been spotted from space, and mitigated. Methane leaking from a faulty pipe in Cheltenham, Gloucestershire, was picked up by satellites orbiting 500km overhead in April 2023. The source, near Cheltenham, was releasing methane at a rate of over 200 kg/hr.
An open-access Methane Map will be launched at COP28 in a bid to accelerate abatement of this greenhouse gas, considered second only to CO2 as a cause of global warming. Environmental intelligence company Kayrros will launch the live map, which draws insights from its flagship Methane Watch product. Doing so would have a huge impact.
These findings, located in the Lorraine region, have the potential to disrupt global energy markets by providing an abundant, naturally occurring, zero-carbon fuel source. Together, these revelations position France as a leader in the exploration and potential utilization of white hydrogen for clean energy solutions.
In addition, the Carbon Mapper consortium announced its plan to deploy a ground-breaking hyperspectral satellite constellation with the ability to pinpoint, quantify and track point-source methane and CO 2 emissions. In short, if you can’t measure it, you can’t manage it. . These home-grown satellites are a game-changer.
AI Takes Off AI was everyones favorite buzzword this year, but more than that, were only just beginning to realize its incredible value and staying power. Planet Labs PBC) In 2025, EO datasets will emerge as an invaluable resource to train AI models, strengthening the power of AIs usefulness to commercial and government users.
New funding builds on unique partnership to tackle potent methane emissions between Bloomberg Philanthropies, Carbon Mapper, Planet, the State of California, NASA Jet Propulsion Laboratory, the University of Arizona, Arizona State University (ASU), High Tide Foundation, and RMI . The pledge needs to be matched with bold solutions.
The climate impact of methane emissions from hundreds of new coal mines currently planned worldwide could strike a major blow to efforts to avoid catastrophic levels of global warming, according to the startling results of a first-of-its-kind study released today. million tonnes of methane each year.
Actionable Insights for a Decarbonizing World National oil companies & global finance Unlocking opportunities to reduce methane emissions Reaching global methane goals requires national oil companies to slash methane emissions. Even with majority government shares, private investors can influence NOCs to address methane.
It’s important that businesses understand which gases matter and how to measure these gases using the common approach of carbon dioxide equivalents. The three major greenhouse gases are carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O). Methane (CH4). Greenhouse Gases and their Carbon Dioxide Equivalents.
Only a handful of super emitters are responsible for an enormous amount of the methane pollution in the Permian basin, according to a new study. Methane is a highly potent greenhouse gas — more than 80 times more powerful than carbon dioxide over a 20-year time-frame. That’s equivalent to about 5% of the U.S.
The UK government must publish a hydrogen strategy detailing how the fuel will evolve from a niche alternative to a central driver of the net zero transition, trade body RenewableUK has urged in a report published yesterday. the RenewableUK study argues. The global hydrogen market is expected to be worth $2.5tr by 2050.
” Decarbonizing Long-haul Trucking: The Emerging Role of Hydrogen Insights From Industry Expert Electric batteries have proven to be one of the best alternatives for decarbonizing light-duty vehicles while ammonia and green methanol are becoming increasingly popular options for marine applications.
By Faye Bowser, Head of Energy Solutions, Siemens plc. How do we find the energy and ideas now to put in place the changes needed to sustain our collective trajectory to 2050, and also identify the next set of ‘big wins’ for industry? We have already exceeded our interim global business goal of cutting CO2 emissions by half by 2020.
Owned and overseen by national governments, As such, it is in both their commercial and national interest to minimize waste – particularly of methane, a potent greenhouse gas that is responsible for a quarter of the climate warming we’re experiencing today. The answer: by embracing digital methane innovation.
Tanager-1 is made possible by the Carbon Mapper Coalition , a philanthropically-funded effort to develop and deploy satellites designed to detect and track methane and CO2 super-emitters at a level of granularity needed to support direct mitigation action. I’m incredibly proud of our team and everyone who helped bring this satellite to life.”
This future hyperspectral satellites will be named Tanager, a colorful and visually diverse family of birds in Central and South America, and are designed to deliver hyperspectral data at a resolution of 30 meters with over 400 spectral bands. Sign up to receive updates on Planet’s hyperspectral commercial offering here.
However, there are no plans for the Government to financially support Local Authorities (LAs) to implement this directive before 2023 – by which time it will be too late to meet the deadline. However, still some 2.3Mt of household-produced food waste goes to either landfill or sewer, where it emits harmful methane gas as it breaks down.
Methane emissions reduction could significantly reduce rates of global warming at a relatively low cost, major research warns. As such, the report emphasises that methane mitigation is "one of the best ways of limiting warming in this and subsequent decades".
By Fiona Liao Methane emissions from the oil and gas industry have leapt to the top of the global climate agenda. But one stubborn challenge has persisted for operators, regulators, and investors alike: quantifying how much methane is emitted from where. They often face limitations in the accuracy and reliability of available data.
Because of this, Grau Galofre has to take multiple flights aboard a series of commercial jets and Twin Otter propeller-powered airplanes, which can amount to costs of thousands of dollars. Photo by Anna Grau Galofre.
By Ben Ratner At the behest of the American Petroleum Institute, the Environmental Protection Agency is proposing to eliminate nationwide limits on methane pollution, sending America’s natural gas industry backwards to the days of uncontrolled emissions. Uncontrolled methane emissions in the U.S. Roughly one-third of U.S.
Tackling methane from oil and gas operations among 'best near-term opportunities’ for combatting climate change, IEA argues. Methane, which is largely released from abandoned coal mines, oil and gas operations, and farming, has a far greater global warming potential than CO2.
As the quest for sustainable energy intensifies, biomass emerges as a pivotal player in the arena of renewable resources. This exploration into the realm of biomass energy untangles the complexities and delves into its multifaceted nature, uncovering the potential of plant-based and waste-derived materials as alternative sources of power.
Note: this is the second installment of a dialogue Q&A series with private equity investors following a methane summit EDF recently hosted for portfolio companies of EIG Global Energy Partners (EIG) and Quantum Energy Partners. First, EIG is committed to being a part of the energy transition.
The content was produced by BBC StoryWorks, a studio that produces videos, podcasts, and articles paid for commercial clients, which it publishes on BBC channels outside the UK. BBC StoryWorks has also produced content for liquified natural gas (LNG) companies, and has touted the energy source as a cleaner alternative to other fossil fuels.
Decarbonizing Oil and Gas Methane is a powerful greenhouse gas, responsible for more than one quarter of the warming we are experiencing today, and global oil and gas production is a major source of methane emissions. 19 of the top 20 publicly traded companies have set methane targets. can open the door.
Attendees heard keynotes from Planet leadership as well as business and technology thought leaders like Salesforce CEO Marc Benioff, Moody’s CEO Rob Fauber, and Bayer SVP of Sustainability Sara Boettiger. And every government in every country will have to measure their emissions standards and environmental resources. What a day! .
But, as the Institute for Energy Economics and Financial Analysis’ energy finance analyst Bruce Robertson told DeSmog, even they “haven’t been able to get it right”. . CCS technology has been under discussion and development for decades and governments are increasingly relying on it to meet their climate goals.
Despite the tense, last-minute drama, the Glasgow Climate Pact sends a very clear investment signal to businesses and financial institutions, argues Nick Molho from the Aldersgate Group. This is understandable, but it should not detract from the very clear signals that the business and investment community have been sent at COP26.
This decade alone, the industry must: Increase low carbon electricity generation by approximately 50 per cent from sources such as wind or solar power. Develop carbon capture usage and storage (CCUS) technology and develop hydrogen networks. Championing ultra-fast electric vehicle charging points. million homes.
Biomethane from sewage, renewable power, peatland restoration, and tree planting feature heavily in Water UK's sweeping new decarbonisation roadmap. The new plan envisages the development of up to 3GW of new onsite solar and wind generation capacity in order to meet around 80 per cent of the industry's power demand.
This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. And, in the United States, political gridlock chopped the heart out of Congress’ most ambitious clean energy plan. . Worried about the climate crisis? If not sooner.
Last week, Planet President and CFO Ashley Johnson spoke at the Needham Investor Conference in New York City about Planet business and product innovation. Ashley explained that Planets capabilities to develop novel space technology has been a powerfulbusiness opportunity for us in recent years.
The gas can be produced either through the electrolysis of water using renewable power to create green hydrogen or through its extraction from methane, a process that produces carbon dioxide as a by product that can then be captured and stored resulting in so-called blue hydrogen.
Thanks to myriad technologies - hydrogen hydride batteries, EV batteries, home solar power, and other renewables - the UK energy grid could look very different in 2030, writes Plextek's Laurence Weir. Energy generation in the UK will have to look dramatically different if we are to meet our promised carbon targets by 2030.
Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbon neutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis.
In the latest addition to its 'green recovery' package, the European Commission yesterday unveiled a flurry of crucial green strategies, targets, and policies, ranging from new green building and renewable energy programmes, to tighter rules governing chemical use and methane emissions.
Government confirms plans for levy on gas suppliers to help fund grid-connected anaerobic digestion (AD) plants around Britain. Heating is currently responsible for around a third of the UK's total greenhouse gas emissions, due to the overwhelming majority of homes and businesses being heated by fossil fuel gas.
Business as usual for the oil and gas industry is over. Investor confidence is flagging just as the talent pool shrinks and competition from cleaner energy sources intensifies. Ben Ratner, Senior Director, EDF+Business. Actively supporting climate policy isn’t just the right thing to do, it’s good business.
All the winners and highly commended entries from the UK's most prestigious green business awards Last night over 550 top green business leaders, investors, entrepreneurs, and campaigners gathered in central London for the second annual UK Green Business Awards.
Report argues promised 30 per cent cut in methane emissions will be extremely difficult to achieve without tackling livestock numbers. A new report has today warned the EU "cannot deliver" on the commitments it has made under the Global Methane Pledge without cutting livestock numbers. per cent by 2030.
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